Scenario: Maylin Is Shopping at the Sporting Goods Store for Socks

Multiple Choice

Scenario: Maylin is shopping at the sporting goods store for socks and running shoes. She has determined the following total benefit derived from each quantity of socks and running shoe

-Now suppose the price of running shorts doubles to $20,socks remain priced at $10 per pair,and Maylin has $150 of income.What consumption bundle maximizes Maylin's total benefit at the new,higher price of running shorts?

A) 5 pairs of socks and 5 running shorts
B) 4 pairs of socks and 4 running shorts
C) 3 pairs of socks and 3 running shorts
D) 2 pairs of socks and 2 running shorts